president obama is back at work trying to avoid deep cuts that are due to take effect next month. in this latest showdown over deficit reduction in washington--neither side showed any sign of compromise. longer airport lines. reduced military readiness. these are just some of the consequences president obama warns will become reality if forced spending cuts take effect on march first. these cuts not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of americans to the unemployment roles. >> reporter:to replace the cuts, democrats in the senate propose a combination of more tax revenue from top subsidies and reducing defense spending after the afghanistan. to support any increases in tax revenues. house speaker john boehner released a statement tuesday arguing the problem is his counterparts in the senate don't deny the consequences of the cuts will be dramatic. >> republicans deserve blame. i'll take some blame for it but the president of the united states is supposed to lead. why doesn't he call people over, and we sit down and prevent the